2013-01-15
2013-01-23
x joe biden

STATION
CNNW 26
MSNBCW 21
CSPAN 20
CSPAN2 5
KNTV (NBC) 4
KQED (PBS) 4
KRCB (PBS) 3
KTVU (FOX) 3
LINKTV 3
KPIX (CBS) 2
KRON (MyNetworkTV) 2
KGO (ABC) 1
LANGUAGE
English 118

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the u.s. economy and the fed's role in monetary policy. he called on congress to raise the debt ceiling in the release of u.s. can pay its bills. he spoke at the gerald ford school of public policy. >> thank you very much. it is also my great pleasure to welcome all of you here today. on behalf of the gerald r. ford school of public policy, the university of michigan is extremely honored to welcome the hon. ben bernanke, chairman of the board of governors of the federal reserve system. today's conversation is the latest in our series of distinguished lectures, policy talks at the fort school. we're so pleased that region white can introduce to the events and we're also very president marye sue: here today as well as -- we also have several of the university's executive officers and beans. i would like to welcome all of them and thank them for joining us today. it is an honor and truly personal pleasure to introduce our next guest. the fed's charges to provide a healthy economy. this is a complex and critically important mission and it makes the person at its helm one of if not the most

green sheet of the economy if that was to begin to surge, he could have real chance of doing some big stuff. >> he's got a huge agenda. he's going to have to find way to work with the republicans. it's a huge challenge. the responsibility is enormous. the opportunity is great. >> i can see you're itching to get to the party. >> did can you hear the grambling university marching band? >> i hate to tell you i was in the james bond film. >> really great to me. >> was it daniel craig or denzel washington got nominated? >> i don't know. >> it was denzel. >> let me point out sky fall. $1 billion in box office receipts worldwide. $1 billion. >> british. >> sky fall. >> wolf, go party. such an honor to be in his presence. it's a night out of celebration here in washington. the star studded parties are continuing to pour out. we'll bring you the highlights as they happen. joining me rising democratic star, san antonio mayor. he knows about the presidency than any other person alive. let me start with you. you gave a sensational performance. barack obama did the same thing and became president.

to carry out the agenda i campaigned on. new security for the middle class. right now our economy is growing and our businesses are creating new jobs. we are poised for a good year. if we make smart decisions in sound investments, and as long as i said on the campaign, one component to growing our economy and broadening opportunity for the middle class is shrinking our deficits in a balanced and responsible way. and for nearly two years now, i've been fighting for such a plan -- one that would reduce our deficits by $4 trillion over the next decade, which would stabilize our debt and our deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable so it doesn't crowd out the investments we need to make in people and education and job training and science and medical research -- all the things that help us grow. now, step by step, we've made progress towards that goal. over the past two years, i've signed into law about $1.4 trillion in spending cuts. two weeks ago

's happening in the political world and the economy which we're in. the situation with the gun violence is very close to home, because i do enjoy -- even though i'm 60, i still go out and hunt and shoot a deer and kill a turkey to eat. host: thank you very much. by the way, the full presentation by the president yesterday, you can certainly watch atlanta cspan.org. good morning, what kind of work do you do? caller: i'm in the mental health field. each level of the patients have had different mental health issues. and i have really been waiting for this issue to come up, because that's what concerns me the most. i have worked with people that have multiple personalities. we have been scared to death. they pick beds up. they have tremendous anger in there. i don't think they get the proper care that they need. and after a while, they're released and that is something that i'm really concerned with. it's not about who is able to get a gun, who is able to have a gun. that's not the issue right here. the issue is that we have to start dealing with people with mental health issues. i have worked in a

a few green sheets of the economy and if that begins to surge, david axelrod tells me later in the show, has a real chance. >> he has a huge agenda, a lot of opportunities and going to have to find a way to work with republicans not only in the senate but the house of representatives. let's see if he can do it. it's a huge, huge challenge and the responsibility is enormous, the opportunity is great. >> well, we have to see and itching to get to the party, wo wolf. >> love those people back there. did you hear the marching band? >> you know why i think they're so excited? your performance in skyfall. >> you were in "flight." >> that's why i wanted to mention it. >> i was in the james bond film. and you were in -- >> really great. really great for me. >> if you work really hard and play by the rules, some day maybe daniel craig and -- >> was it daniel craig or denzel washington oscar nominated? >> i don't know. >> it was denzel. do you know who helped him? me. >> let me point out. $1 billion in box office receipts worldwide. $1 billion. >> british, british. skyfall. wolf, go partying. >>

to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >>> we're back. political director and chief white house correspondent chuck todd will take us inside the numbers of the latest poll as you tee up the second term, chuck. >> four years ago, enormous expectations for president obama. there were a lot of people, hope and change was big. this time, call it pragmatic hope as far as the public is concerned. as you see here, just less than 30% believe they're going to evaluate president obama with a clean fresh slate. 64% will evaluate him based on past feelings. and here, a continuation of a trend we saw throughout the first term. very similar to what ronald reagan dealt w

here in many respects, whether it is deficits, measures to help economy, immigration, gun safety legislation, there's huge support amongst all independents, democrats and republicans throughout the country. the barrier is there's factions here in congress, republicans in congress out of the mainstream. we need to bring the american people to-to-these debates. >> do you need to bring the american people into these debate buys suggesting evil motivation by your opponents? i think that's what -- you know, it's hard to see a president calling you for unity when he is suggesting that people who disagree with him don't disagree with him on policy but because they care more about the nra or they don't care, in the case of the debt ceiling, whether the country falls into recession again? is that the way to go about it? >> the debt ceiling it is truth. think about this, can dirk the first time in our country. >> reminding people president himself, when he was in the senate, voted against the debt ceiling, these people that he is suggest want the country to go into default are doing the sa

the country faces which is getting our economy going. >> sean: i like what our colleague charles krauthammer said it's an ode to big government and you pointed out in the list, gun control, gay marriage, global warming, he not only wants to lock in every liberal agenda item, but advance it further. will he be successful? second term are notoriously not successful. >> let's add global climate warming on her, climate change. we've already passed this through the congress. it's done. is congress going to pass it? is congress going to tell the states, no, you can't put that past voter i.d. laws? only in it's bipartisan doesn't require amnesty and citizenship. gun control passed, no. i think the president was basically declaring his administration is no longer substantive achievement. it's make the democratic party and making the republicans look more extreme. taking their strength to pass positive items that pile up over in the senate never to be really considered, but give them an agenda, a view that says to the american people he's over there worried about gun control. we're worried about gett

escalates the fight on the w economy. is the debt ceiling negotiable? your thoughts? send us a tweet or post your comment on facebook. you can also send us an e-mail. president obama held his last official news conference of the first term yesterday in the east room of the white house. here's what he had to say on the debt ceiling debate. [video clip] >> republicans and congress have two choices. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect ransomed in exchange for not crashing the american economy. the financial well-being of the american people well-being is not a leverage to be used. the full faith and credit of the united states is not a bargaining chip. they had better choose quickly, because time is running short. the last time republicans in congress even flirted with this idea, r. triple-a credit rating was downgraded for the first time in our mystery, our businesses created the few jobs in any month in nearly the past three years, and the whole fiasco added to the deficit. ho

't want to happen on your watch because it's only sidetracked economy. so the president has an incentive to come to the table and tried to get the issue under control. and you have the republicans issue which part of the republican dna, fiscal responsibility, balanced budgets, trying to get the deficit under control. most of the people have been elected in the last few years have been elected basically on the fiscal policy agenda coming out of a coming out of the tea party initiative. so that you have an identity of interest. the question really becomes the politics of getting people to go across the aisle to reach agreement. and i don't think the house can do it very honestly. because the fact so many seats in house now are gerrymandered by party. and the one thing that happens in those districts, about 65% of the house is now gerrymandered by party, when you're elected your elected by the base. you win the primary you are the congressperson. the one thing you can't do with your base is compromised. that's the one thing the base won't tolerate, on both sides. you can't govern because go

administration, it didn't happen in one fell swoop to get our economy in great shape and move toward a balanced bump started off with three phases. started with president bush's actions, the first president bush, in terms of taxation, before president clinton took office. then the actions the president took in '94 and then in '97. well, we think there's a third phase here that can set our country on a path that will allow us to get our debt, the gdp, our deficit to gdp, down around 3%, which is the basis of which all economists left, right, center, agree, are the areas which we really can begin to grow as a country. and also my grandfather used to say, with the grace of god and good will of the neighbors, cooler heads will prevail between now and the time we deal with the debt ceiling, that we may very well be able to meet the goal which we set out to do, which is to have roughly a $4 trillion cut over ten years, and in the long-term deficit and put us on that path. but i didn't come here to talk about any of those important subjects today because, as important as they all are, today we have a

attached to it. >> heather: let's talk about the economy. the president starts his new term. less than 1% rate it as excellent. 9% say it's good shape. that is up a touch from his first inauguration but 91% of voters say economic conditions negatively today. why are we here again? >> you have to wonder. i point you back to november the conditions haven't changed all that much in two months. i would imagine that those exact numbers were the same on election day, and the american people not only re-elected the president but gave us the same senate in the house as we had before. so as much as they are saying economy isn't going well, when they had an opportunity to change things they voted for more of the same. >> heather: you mentioned congress, finally two polls dealing with that. first since president obama was re-elected, 30% think he has been more bipartisan in working with congressional republicans, 55% the majority says he has been more confrontational? >> i think some of the number for confrontational they are saying that as a positive. certainly democrats want him to be more confro

regulatory fast thanks to the health and safety executive and the european union. the british economy is very reliant on smallnd medium businesses far less able to cope with bad regulation particularly when it's badly administer inside the u.k. >> my honorable friend is absolutely right. businesses large andsml are complaining about the burden of regulation. not just the burden of regular ration from europe -- regulation from europe, but more generally. and that ishy we should be fighting in europe for a more flexible europe and a europe where we see regulations come off. but the view of the party opposite is sit back, do nothing and never listen to the british >> you have been watching prime minister's questions from the british house of commons. watch any time at c-span.org, where you can find video asked by ministers questions and other are just public affairs programs. >> this event has been phenomenal. we have had more companies with more innovation and more excitement than i can ever recall. chairman just made a huge announcement, -- not only for wi-fi, but other products you cannot eve

. also the times are tough. the economy is sluggish. international challenges put a damper on many things. the president has a lot of work to do and a lot of battles ahead with republicans. they expect it could be significantly smaller. instead of 1.8 four years ago. they lowered the crowd estimates. originally 600 to 800,000. yesterday we were infirmed organizers think maybe closer to 500 to 700. only perhaps a quarter of the size of four years ago. of those here no less enthusiasm. bill, martha. bill: history will show you the beginning of second term, sometimes you get 250, 300,000 at the high end. carl, we'll talk to you later this morning. carl cameron on the mall. martha? martha: people who are here are very enthusiastic and excited to be part of this big day. no doubt that means very tight security here in washington as well. there will be extra air and boat patrols around the city along with checkpoints and metal detectors along the parade route. 2000 police officers from 0 states are helping with security. lined up motorcycles behind us on the parade route. more than 6,000 member

are actually going up. the economy's getting a little bit better. the wars are winding down so he does have a shot but most important thing to say is i think he's found his game. >> if you look at president's popularity, his is low. >> one of the lowest in past 20, 30 years but the numbers moving in the right direction. i think he's found his rhythm, found a way to actually play the game in this town. i think he may have a better second term than the first. >> margaret -- >> be careful, my friend. >> is the country more divided than been for other second term presidents? >> the temptation is to say, yes. we are listening to civil right activists saying the country is not as polarized and keep it in perspective but i think everybody has been saying to the president, in terms of legislateively, strike while the iron is hot. traditionally for all presidents, right now. it is the first year of their second term. remember, we had six-year itch. getting to finally the third cycle, 2014, you know, generally the minority -- the house of republicans expecting to gain seats because there's a six-year

economy, a second term both bold and bumpy. >> progress does not compel us to settle centuries long debates about the role of government for all time, but it does require us to saact in our time. >> reporter: time like history that was fast advancing. joe johns, cnn, washington. >>> that's when the president turned around and said he's not going to see this again. he wanted to take one last look at the crowds. some estimated 800,000 or so. we're not sure of the exact number, who were all there watching, staring back. president obama and the first lady honored reese chbt tradition by crawling out of the limo, strolling down pennsylvania avenue. let's take a look. the crowd before us getting even more excited when they see the first lady and president outside of their limo. waving to the tlung throngs of well wishers lined all along pennsylvania avenue. they followed the footsteps of jimmy carter and rose alyn cart who created the tradition of walking down pennsylvania avenue. they walked the entire way. president obama and the first lady got out of the vehicle twice. now, despite the

, it didn't happen in one fell through to get our economy in great shape and move towards a balanced budget. it started out for three phases. started off with president bush's actions. first president bush in terms of taxation before president clinton took office in the action the president took in 94 and 97. well, we think there is a third phase here they consider country on a path that will allow us to get our debt to gdp, deficit to gdp down around 3%, which is all economists are training center greer that areas we can begin to cruise the country and as my grandfather used to say that the grace of god and goodwill of the neighbors, between now and the time we deal with the debt ceiling, we may very well be able to meet the goal we set out to do, which is to have roughly $4 trillion cut over 10 years in the long-term deficit and put us on that past. i didn't come here to talk about any of this important subjects today because as important as they all are today we have a mortgage and indie media call and that is how to do with the epidemic of gun violence in america. the one of the statist

. the start of a four-year battle on guns, immigration, and the economy. >> hope you do dog? -- so help you god? >> barack obama and his immediate family, a few words, and that was it. president joe biden will -- vice president joe biden will do it tomorrow. here to see the swearing in, a chance for the president to rally the country, because experts say he needs to get americans involved if he has any chance of getting his way. >> he needs to target red states. he needs to target some of these senators out there who could be moved on some of these issues. it could be a brilliant plan if barack obama and execute it properly. >> i hope he turns the country around. gets the economy back on solid ground. and move the progressive agenda floor. >> we have to get the economy going. to many people are unemployed. >> gun control, immigration reform, and deficit reduction. >> monday happens to be a federal holiday in the u.s.. >> what is memorable about this inauguration, it comes on martin luther king's birthday, the holiday we celebrate. he's using martin luther king jr.'s bible. he has got to tak

, for the war to end. host: let's hear the president speaking on the economy, social security, and medicare. caller: we the people -- [video clip] >> many barely make it. we believe that america's prosperity must rest upon the broad shoulders of a rising middle class. we know that america thrives when every person confined independence. on the wages of honest labor, liberating families from the brink of hardship. we are true to our creed, when a little girl born into bleakest poverty has the same chances to succeed as anyone else because she is an american, free and equal, not just in the eyes of god, but in our own eyes. we the people still believe that every citizen deserves a measure of security and dignity. we must make the hard choices to reduce the cost of health care and reduce the size of our deficits. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [applause] we remember the lessons of our past, years spent in poverty, the parents of a child with a disability had

month. visit choosenissan.com. road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> initial estimates say the crowd at yesterday's inaugural was at least 1 million people. that's down from the 1.8 million who came out to see president obama sworn in the first time, but even so, a turnout of a million people put's obama's second inaugural at one of the biggest ever. look at that crowd. it's almost double who turned out to see george w.'s second inaugural and tops the 800,000 who saw bill clinton sworn in. before obama the previous crowd estimate record was 1.2 million who came out for lbj, lyndon johnson's inaugural back in '65. we'll be right back. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them

. and a lot of republicans say it poisoned the waters. when you look at the agenda now, there's the economy, the deficit, gun control, immigration. what should the president do first to show republicans he's not looking for revenge or looking to pick fights? >> i would say the budget. to make an honest attempt on both sides to try to reduce spending or reduce the growth in spending. that to me is the one place where there is enough on the table that both sides can make progress if they want to. you get into gun control, i basically support the president's program, but he's not going to get very much support at all among republicans for that. that's a good political point for him, but i don't see it going anywhere. as far as the illegal immigration or making it legal or whatever, reform, i would say there's an opportunity, people like marco rubio, for instance, and others, and also you have the chamber of commerce, you have some republican vested interest. i would say the budget and immigration are the two areas, spending and immigration. >> can he get through some simple things on gun contr

and nancy pelosi in december of 2007. he said the economy is slipping, i need a stimulus and they worked with him to give him the kind he can sign. then 2008, the terrible crisis and it was a very partisan thing in which the bush administration got more support from democrats and republicans in the final vote. then comes the election of barack obama and mitch mcconnell's announcement that his number one agenda item is to defeat president obama. we have, i think, a productive 2009 and 2010 and then in 2010, a group gets elected in the house, in particular, we don't believe in governance. not totally pessimistic. the way to go we've seen in the last three major issues in the house, a split within the republican party where main stream conservatives of the bob dole variety have aligned with the majority of democrats. they've been opposed by a majority of republicans in the house, but not of the whole house and speaker boehner, to his credit, has been allowing a coalition to come together and i hope what happens is that the main stream conservativism of the republican party continue to fight

" live from the dubliner coming up. >>> the state of our economy calls for action bold and swift, and we will act, not only to create new jobs but to lay a new foundation for growth. we'll build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. we'll restore science to its rightful place and wield technology's wonders to raise health care's use and lower its cost. >> here we are four years later. why not come back to the dubliner? all you did too. my, lord. the line goes around the block. a wonderful, joyful crowd. thank you all for coming. joining us now with the politico playbook, the politico executive director jim. >> i'm always a dose of sunshine in the morning. you guys were talking about ted cruz and his comments on gun control. i think what people need to realize, ted cruz is a mainstream republican with this senate and this house. his views, he's not on the conserveative edge of the party. that is the party. when you think about the budget, think about gun control -- >> saying the president exploited

the economy in great detail. he does massive preparation and i think when he sits down at a table to say, do a fiscal deal one of the reasons he's able to close that deal is because, a, he has decades of experience in compromise which some of these kids today up there don't really know much about. and he understands the granularity of these issues and we saw this and it's helpful. >> vice president joe biden is going to take the oath of office for a second tomorrow right after we return from the break. ♪ ♪ pop goes the world pop in a whole new kind of clean with tide pods. a powerful 3-in-1 detergent that cleans, brightens and fights stains. pop in. stand out. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and err

be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this, of course, is one of the great myths of governing, that intractable problems, political problems, can somehow be solved over a card game and a couple of drinks. that has never, ever been the case nor will it ever be the case. >> i like speaker boehner personally. and you know, when we went out and played golf we had a great time. but that didn't get a deal done in 2011. >> the president actually had to remind the media that congressional behavior is the result of democracy. >> now if the american people feel strongly about these issues and they push hard and they reward, or don't reward members of congress with their votes, if -- you know if -- if they reject sort of uncompromising positions or s

the economy and barack obama came on and was in a joef yell mood. >> for all of the talk we had during the campaign ofment o prt obama's ability to raise money it would be a million dollar campaign and the talk mitt romney had more corporate donors it would be a wash in cash. the president had no trouble raising enough money to get himself re-elected it is thanks in part to an incredible network he has built over the years. talk about the importance of money in this election, charles. >> he has never backed for money. in 2008 he was the first to go without the federal matching money so he could raise unlimited amounts he did and he crushed mccain in terms of the fundraising. he is commuting with the 53 percent his way of reaching to try to bring us all together after a campaign where he ran into 47 percent. it is a night where they are just having a good time. i wouldn't take any of it too seriously. it is a minor bit. you have to give him a pass on inauguration. he's having a good time and this is the money essentially to fund all of the festivities he which he won fair and square. >>

conditions could lead the president to repeat himself in 2009. economy remains sluggish healthcare remains too costly, et cetera. one historian interviewed the president from rolling stones magazines says mr. obama needs to revise faith in the american dream. >> i would image if i were writing a speech for him i would inject a dose of ronald reagan optimism don't despair in america. >> follow me at twitter at james rosen and i will tell you which president was the first to have his inaugural address live nationwide. >> i always follow your twitter but i will especially tonight. >> you are always so good to me. >> the political landscape at the part of the term was different than it was when he came to the white house four years ago. republicans control the house. you need look no further than the recent game of political chicken over the fiscal cliff to know just how divided washington is. and more instance show downs are looming. one example the debt creel and controlli -- debt ceiling and what americans describe as out of control spending. republicans take with the attitude toward congre

us that the british economy -- businesses far less able to cope with -- >> my honorable friend is absolutely right. as mrs. are complaining about the burden of regulation. not just from europe, but more generally. that is why we should be fighting in europe for more flexible europe and a europe where received regulations come off. the view of the party opposite is to sit back, do nothing, and never listen to the british people or business minds. >> order. >> you have been watching prime minister's questions from the british house of commons. western time airs live on c- span2 every wednesday at 7:00 a.m. eastern, when the house of commons is in session. and again on sunday nights. watch anytime at c-span.org. you can find video of past prime ministers questions and other british public affairs programs. next, president obama, vice president biden, the first lady and jill biden speak to donors before tomorrow's inauguration ceremony. >> a good evening,. thank you so much for joining us tonight. more than that, thank you for the kindness, friendship, and support that you have sho

window. >> the economy is better, that is clear. housing is coming back. there is alignment between the business community and the priorities of the executive office. immigration reform. education. corporate tax reform. we need the other things we mentioned, the debt ceiling happened first. otherwise, this is going to be an uncertain year. >> why didn't you get picked if treasury? ing in against jack lew but they need guys like you. >> i am very flattered. fox should start a campaign for me. very flattered. >>neil: thank you, robert. when we come back, art laffer will join us and by the time that occurs the obamas and the bidens will be there. ÷÷ i have low testosterone. there, i said it. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel

sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >> and now we're going to take a look at the third and final obama dance of the night, where the couple had to dance in front of millions and millions of people around the world. joy reid, they started off. the first dance was so stiff i couldn't believe it. did you see the first dance? >> i was in the second dance, so i couldn't see anything -- >> then they loosened up there, in the third -- since they had the second, basically as rehearsal, they got it right. >> and the second one was lovely, it was -- they made the room disappear, they seemed to have fun which is a hard thing to do. >> it was a brightly lit, anti-romantic room. >> and you have to realize, what you can't see everybody is standing in this massive ballroom, which is a big, empty warehouse, they're all looking while you're trying to be romantic. and all of these people are screaming and flashing cam

in america. we are going to pass comprehensive immigration reform. we are going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it is my great honor to introduce you to a magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama. [applause] hey. [applause] cominght you weren't out! i thought you weren't coming. but you changed your mind. [applause] >> hi, everybody. [applause] excuse our tardiness, but you know what? when stevie wonder has a few words to say to you, you don't rush stevie wonder. pardon our delay. [applause] thank you so much. thank you for that kind introduction. more importantly, thank you for your leadership. [applause] i love joe biden. [applause] i love jill a little bit more. [laughter] but i want to thank you both for making this journey so much more fun. our families have bonded and this has just been a phenomenal four years. i am ready to do four more with both of you. most of all, i want to thank all of you here tonight for everything you have done to bring this inauguration to li

. the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >>> turns out that the subway footlong is sometimes 11 inches. we have been $5 foot wronged. now we know how jared lost all that weight! he starved to death! subway, it is over. i'm going to be keeping you honest by measuring every sandwich with the most accurate means possible, my fruit by the foot. >> i don't know, lance armstrong, manti te'o, now subway sandwiches. >> who can you trust? >> my world is crushed. let's take a look at the "morning papers." "the financial times." china's economic growth has hit its slowest rate in 13 years. still the country's gdp grew by 7.8%. economists say it could have been worse. they note amid concerns of a slowdown, china's government has spurred heavy investment in inf infrastructure. >> "usa today." congress, inexperienced. 40% of lawmakers in the house have fewer than three years' experience. the lowest number since at least 1995. as a result, new members are often receiving committee as

our economy down. it is time for democrats and republicans to work together to create a plan to get our nation and families back on track. every family and every business has a budget. our nation should have a budget as well. every year the president is required by law to submit a budget proposal to congress by february 4. the obama administration has already informed congress that for the fourth time in five years, it will be late submitting a budget to your representatives. the president has already missed more budget deadlines than any of his predecessors. the house and senate are also required by law to submit a budget each year. by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again meet our legal obligations to pass the budget on time. our budget will moderate spe

the president wants to focus on measures to help the economy and energy development, immigration and public safety as well. they want to see president do more in congress. >>> 800,000 spectators expected and security will have to be tight with that. good morning katherine. >> good morning. when asked about the situation in algeria and mollie we were told there was no change to the threat level at home. t this is a national security event. the lead organization for counter-terrorism and investigation is the cia. they were recently given a tour of the ee kret service command center and undisclosed location. this is the main coordination center for real time information today. secretary napolitano told reporters months of planning is involved. >> starting sunday is will contingo continuously from monday to tuesday. it is a national security event protecting an event this large, complex, with this many different venues with this number of people coming requires a lot of coordination. >> the fbi explained they are reviewing r reviewing real time information that is constantly being successed and

on the economy. on the economy. his speech was supposed to be uplifting. republicans feel like for them to help steer the economy in the right direction, you have to get bending under control. with democrats, when they want to push jobs, it involves more stimulus spending. the two sides clash. they have never been able to pass some bills because it included stimulus that democrats wanted to pass. republicans want to get the economy going in the right direction and reduced spending. reduced federal regulations. repeal parts of obamacare. this is what job creation is about. that is part of the reason why congress is not passed these measures is because the two sides have opposite views on what it would take to create new jobs in america. that will continue. caller: i am calling in about the abortion and gay -- ia am fr contraceptives and they read killed -- date rape pills. as far as what it says in the bible, yes, it is against it. it says judge not lest you be judged. as far as the gay people go, i do not know anybody gay but i am for the rights of the gays because there are so many out there.

to hold wall street and the big banks accountable and protect consumer and the u.s. economy. >> after all we have been through, i don't believe that rolling back regulations on wall street will help the small businesswoman expand or the laid off construction worker keep his home. >> reporter: republicans in congress want to cut obama era and even bush era regulations which they dismiss as unnecessary red tape. two laws are at issue here. dodd-frank and sarbanes-oxley. dodd-frank is the signature financial reform of president obama's first term. it set up the consumer financial protection bureau to write new rules to prevent fraud and unfair lending practices and put limits on banks deemed too big to fail by monitoring threats and stopping another financial crisis. sarbanes-oxley was a response to a different crisis, the enron accounting scandal of the early 2000s. it set up stricter accounting rules for companies of all sizes. critics say it drives up costs for smaller businesses and restricts growth. what does it mean for small businesss? for the big banks? well, we spoke to a community

tax cuts that would've tripled our -- crippled our economy. would also called on washington not to lose sight of what remains our top priority, job growth. we called for smarter, locally targeted investments in infrastructure. we say that training and education must be expanded to build the workforce we need for a 21st century global economy. and we call for an expanded focus on ports, exports and advanced manufacturing to great more jobs in america and reduce our trade imbalance. on all of these issues we took aggressive action. our conference of mayors engage direct with the obama administration and congress through every step of fiscal cliff negotiations. at the national press club on september 15, we released a letter to vice president scott smith, our second vice president kevin johnson and i drafted, 131 of our mayors sign, calling on congress to adopt a bipartisan and balanced approach deficit reduction by incorporating spending cuts with additional revenue. we took the same message to both political conventions and to the presidential debate where mayors of both part

) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> all right. we're getting new information from ktrk, they are both reporting that two -- two suspects have been taken into custody in connection with the shooting incident on the campus of the north harris campus of lone star college outside of houston in harris county, a campus of about 10,000 students. we have not yet independently confirmed what these law enforcement officials are telling our local affiliate. but i wanted to update you on what's going on. we are standing by for a 5:00 p.m. news conference, in half an hour or so. 5:00 p.m. eastern, 4:00 p.m. central. they said they were searching aed wood area for a suspect. that's when they said they had one suspect in custody but now our affiliates are telling us that two suspects are in custody. we'll see where this is going. we'll update you as more information comes in. >>> other news we're following right now, including a new controversy erupting today in the wake of yesterday's inauguration ceremony here in

republicans, who want to tie the debt ceiling to cutting spending and obama says blow up the economy and risk the full faith and credit of the united states and to do so is irresponsible, the consequences of not paying our bill would be disastrous. the charges went on and on and on and made it sound like only an anarchist would oppose raising the debt ceiling. listen to this: . >> what i will not do is to have that negotiation with a gun at the head of the american people, the threat that unless we get our way, unless you gut medicare or medicaid or otherwise slash things that the american people don't believe should be slashed, that we're going to threaten to wreck the entire economy. look, i don't think anybody would consider my position unreasonable here. democrats don't like voting for the debt ceiling when the republican's president, but you never saw the situation in which democrats suggested somehow that we would go ahead and default if we didn't get 100% of our way, that's just not how it's supposed to work. >> sean: hearing that i can't help, but be reminded of obama's record on the

. >> the staaled economy another mountain to climb for the president. >> the overwhelming problem the economy is one that president obama has said is still undone. that's his biggest challenge for term two. >> perhaps a sign of the times, the president's second inaugural is much smaller. 10 inaugural balls four years ago. only two this time. and tomorrow what could be his last big chance to tell americans from coast to coast what he can do for them over the next four years. >> of course there are plenty of people around here not excited about this inauguration. a lot of republicans are skipping town. neither former president george w. bush nor his father, who was recently hospitalized with health problems, plan to attend. for more on the inauguration and president obama's second term, let's bring in david gregory, moderator of "meet the press". good to see you. >> good morning, lester. >> tomorrow the president will deliver his inaugural address. the first time around we typically hear optimistic, lofty ideal speeches. there is the reality after four years, what would you expect him to say to

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with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums ♪ and the home of the brave >> beyonce and the marine band with the national anthem after president obama's inaugural address. welcome back to "hardball" for our live coverage of the inaugural parade. the pair rad still goirade stil. with me is eugene robinson, now that he just left, joy reid, michael steele, and howard fineman. also joining us is jonathan alter. jonathan, i don't know, do you want to venture an opinion about the performance and the appearance of beyonce today? i dare to say it's always tricky -- >> when i think of musical criticism i think of jonathan alter. >> i said delightful. i will leave it at that but i thought she was beyond belief. >> she was good. that he was right in my wheel house, chris. but it

you might not run, and his answer was, if the economy tanks, if things don't go well, it's not going to be great for me, was his sort of implication. if things work well, let's take a look at it then. and that's where they have to work together to turn the economy around. because that's of course what is going to be -- >> even if he decided not to run, he would keep that a secret as long as he could. because that's his leverage, isn't it, david gergen? we knew in the second term dick cheney was not going to run in the bush years and you saw he lost some foreign policy issuei. if the first year, he was dominant. and he was not as big a force in the republican party because people knew he was not going to be on the electoral battlefield. >> i think that's right, john. from his point of view, what he also -- he has to worry not only about whether hillary clinton's going to get in, not only about his own age and health, he has to worry about the overall success of this partnership. he has a very strong self-interest in seeing barack obama succeed. as you well know, after eight years of o

for the rest of the world when it comes to the economy, but they talked about how the agriculture market is very strong and also how the construction market here in the united states is going to be stronger than expected in this first half of the year. that's some good news that helped that stock out. also, travelers insurance, chris, this is a really interesting story. they came in with margins, underwriting margins that were much stronger than expected. so big losses from hurricane sandy, but they were able to raise their pricing, partially as a result of that, so that stock came in with much better earnings than expected. johnson & johnson and verizon are a little bit weaker, but five-year highs. we'll see if the market can hold on to this. chris, back to you. >> thank you, becky. >>> next, a small state's big push for gun reform. delaware attorney general beau biden will be here next to talk about the lessons that his state is learning from the tragedy in newtown, connecticut. >>> plus, biding his time? new signs the vice president is making plans to be back on inaugural podium in fo

administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. talk didn't come here to about any of those important subjects today, because as important as they all are today we have a more urgent and immediate call and that

and is holding our economy hostage right now, he has to be careful about promising too much. >> you think about ronald reagan, and there were some of his speeches we remember to this day, and yet if you think back on the last four years, other than the ones on the campaign trail, i think about newtown, that was where he got emotional, it was a -- it's a different kind of rhetoric and otheration. is it the mantle of president that he feels is different? >> there's nothing tougher to do as a speech giver than what he's about to do. the problem you have when you're dealing with the inaugural address, you have to deal with the present, the past and the future. you have to deal with the audience in front of you. you're going to have a million people in front of you. you're also dealing with people around the world. it's hard to do any of those well, you have to do them at the same time. i think he's going to want to do well tomorrow. i think he knows there are people out there that are going to say, this is the last big speech from obama. unless there's a war or something like that, there's pressure

it will be on the really important issues to the american public like how do we create jobs, get the economy running again? very importantly, how rain in the long-term debt? that would require a lot of concessions by democrats on entitlement programs. i think the president coming off of the fiscal cliff debate, the republicans, that was their golden moment to extract concessions from the democrats, specifically on social security. i think he would agree with me the end of the negotiations, the trade between the republicans and democrats was to do an increase in the debt ceiling, in exchange for cutbacks in so security cost-of-living adjustments. john boehner and republicans decided they want to have an argument over the debt ceiling, because of the new year we will be better positioned. they quickly have realized that is not going to be the lever they thought it would be. host: you have covered three presidents, clinton, bush, and now president obama. people say the political divide between these branches is stronger now than it has been in years. you agree or disagree? guest: i absolutely agree. host: wh

it is election day. this is going to sound familiar. a lot of people say the economy, of course, is the biggest concern. most polls show that benjamin netanyahu, the prime minister, scoring a third term win. but conservative likud party lose seats in the parliament. atika shubert watching it from washington. give us a sense, first of all, are people interested? are they passionate? showing up at the polls? >> reporter: they are showing up at the polls. we were at three different polling stations today, saw a good turnout. predicting high voter turnout this year, about an hour ago the official number was more than 55% of eligible voters had cast their vote. and that's more than 5% since the last election. and there is expected to be a late surge with about a half hour left to go before the polls close. so, people are coming out. the question is, who are they voting for? and it's important to remember that the last poll on friday said that 15% of voters were still undecided. so there's still a few surprises, even if netanyahu is forecast to still become the next prime minister, it doesn't mean he

have the will to the poverty a priority with in this country? >> you have to have the real economy. but we have now? i am amazed -- you could talk about public education, we could talk about health care. everyone knows that a single payer health care system would -- insurance would cover everyone. insurance companies would be gone. cost, quality, access would be at a premium in terms of our ability to be a civil society if we had a single payer health care system. we could generate almost 3 million jobs, which would serve to stimulate the rest of the economy when you are building -- and actually taking care of the people. they know that in washington. viable. -- valuable. they just want to privatize it. i think you all doing a beautiful job -- the nurses appreciate you so deeply. honestly, the progressive caucus, the black caucus -- but one of the things that you said, and i completely agree, is that you have got to push. we have got to treat a movement in this country -- occupy was a moment. it needs to start up and keep going -- it needs to bring millions of people with it. the r

economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serious, are important. spending issues. but this is -- he's got them again. >> here's the problem with the republican party being owned by extremists on issues not related to the debt. let me tell you something, the president of the united states, it's laughable that he would talk about republicans not being responsible on debt issues when this president has been in the white house since january the 20th, 2009, and he has yet to do anything significant on social security or medicare. he cut medicare, so he could start a new entitlement program. that's not making medicare more solvent. he hasn't done anything to curb the costs of medical expenses, which he said he was going to do. he did nothing. he struck back room

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